Smart Sand (NASDAQ:SND) Announces Quarterly Earnings Results, Hits Expectations

Smart Sand (NASDAQ:SND) released its quarterly earnings data on Monday. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09, Zacks reports. Smart Sand had a negative return on equity of 1.74% and a negative net margin of 1.96%. The company had revenue of $91.36 million during the quarter, compared to the consensus estimate of $65.90 million.

Smart Sand Stock Performance

NASDAQ SND traded down $0.01 during trading hours on Wednesday, hitting $2.06. The company’s stock had a trading volume of 26,426 shares, compared to its average volume of 116,709. Smart Sand has a 12 month low of $1.73 and a 12 month high of $2.80. The company’s 50 day simple moving average is $2.32 and its two-hundred day simple moving average is $2.23. The company has a market cap of $88.41 million, a P/E ratio of -14.75 and a beta of 1.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.71 and a quick ratio of 0.98.

Smart Sand Company Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.